FiT

  • Low carbon generation

    What to look out for in Third Party Charges in 2022-23

    In recent months, the GB energy market has been exposed to extreme volatility as wholesale prices have grown rapidly, leading to a significant number of supplier exits and questions over consumer affordability of energy bills. This has resulted in notable movement across a number of non-commodity costs (also known as...

  • Home supply and services

    COVID-19-driven changes to electricity Third Party Charges

    The impact of COVID-19 on the energy sector has been a hot topic for the last few months. As we progress further into the UK’s lockdown period we are now beginning to piece together the wider picture of effects across energy Third Party Charges (TPCs). These impacts are expected to...

  • Energy storage and flexibility

    FiT costs to reach all-time high amid COVID outbreak

    Energy Third Party Charges (TPCs) have certainly been in the limelight recently, and rightly so as less consumption from non-domestic sectors is resulting in a greater recovery of money from domestic households amid the COVID-19 outbreak. Several measures have been taken to date to protect domestic suppliers and consumers from...

  • Home supply and services

    From “what if?” to “what now?”

    As the UK begins its third week of lockdown, the nation’s energy sector continues to wait to see whether there will be any economic or financial support targeted specifically at end users, suppliers, network operators and fellow participants alike. Immediate issues for end users include their ability to pay their...

  • Energy storage and flexibility

    Storage story: a regulatory run-down

    While electricity storage has long been recognised as a crucial solution to mitigating the drawbacks of some types of renewable generation, it has taken some time for the regulatory and charging framework to catch up. It has taken years, but recent progress on the licensing and exemptions from some final...

  • Commercial and market outlook

    Editor’s Pick Ireland | Taking advantage of the opportunities in RESS

    The Renewable Energy Support Scheme (RESS) has been designed to replace the previous Renewable Energy Feed-in Tariff (REFIT) schemes that closed in December 2015. The RESS scheme is designed to help promote the generation of electricity from renewable sources and will ultimately help Ireland achieve some of its Climate Action...

  • Regulation and policy

    Principles-based SEG-ulation

    The Smart Export Guarantee (SEG) went live on 1 January 2020. While billions around the world were welcoming in a new decade, new obligations meant that from that moment all suppliers with over 150,000 domestic electricity customers had to have a SEG compliant tariff. A SEG compliant tariff, simply put,...

  • Low carbon generation

    FiTting up RO mutualisation?

    There is no official announcement so far about whether all suppliers have now paid their 2017-18 Renewables Obligations (ROs) in full. Reports in the press today state that one supplier has not paid £14.4mn it owes to the late payment fund, and is in merger talks with another medium-sized supplier....

  • Commercial and market outlook

    Insights from the latest Energy:2030

    Perspective In this issue we look at the community energy sector. We focus on possible impacts of the end of Feed-in Tariff (FiT) subsidies in the UK and call for retention of a guaranteed route to market for small-scale renewable generation, at least until levelised costs fall further and necessary...

  • Low carbon generation

    Wholesale price “cannibalisation effect” puts economics of renewables at risk

    Our research has revealed that as capacity and output from solar and windfarm projects increases in coming years, the “cannibalisation effect” is set to lower wholesale power prices to the extent that by the 2030s it could put at risk the viability of future renewables. With the withdrawal of government...

  • Low carbon generation

    Q118 FiT costs confirmed at £290mn

    Suppliers were invoiced for Q118 (January – March) Feed-in Tariff levelisation on 25 April, confirming total scheme costs for the quarter at just under £290mn. This consisted of £281.7mn in generation payments, £7.7mn in deemed export payments and £0.3mn in qualifying costs that help cover the supplier cost to administer...

  • Low carbon generation

    Five take aways from our FiT Forecast

    The Feed-in Tariff (FiT) scheme could once again find itself in the limelight of the energy sector later this year as the government is due to issue a consultation reviewing the scheme. Here we look at five key take aways from our latest FiT Cost Forecast, including details of what...

  • Low carbon generation

    PPA market interviews: 5 key trends in the renewables market

    As a part of Cornwall Insight’s Green Power Forecast report, we interviewed a number of suppliers, offtakers and generators in the market to identify key trends in the renewables Power Purchase Agreement (PPA) market. Here we detail five key trends that came from our interviews and research. The PPA market...